Calling Chip Stacks, Not Hole Cards
Raising middle pairs over limpers in the early stages (regardless of buy-in) is somewhat risky. You are likely to get better long term value from set mining cheaply. Most of these calls in early stages are correct for implied odds strategy. If you raise it that much, it’s still not a big hit to thier situation, and you will likely NOT get others to fold. You’re immediately faced with a more difficult decision regarding a continuation bet man you’ve got over cards on the board. Why not open raise, but once there are limpers, avoid attacking them when its deep stacked and when the blinds are very small.
You also can’t forget about the 2:1 odds. So if the pot is now one.5BBs pre flop, there is 1 limper, that makes it 2.5BBs. You now decide to raise to three big blinds, making the pot five.5BBs and the limper (assuming everyone else folds) has to call 2BBs to see a flop with 5.five big blinds in it. So your opponent is getting nearly three to one odds by calling.
You have to consider the fact that you’re likely to never be worse than a three to one under dog pre-flop. However there is a problem. Maybe even more than one problem.
The main problem is betting ability of a weak hand. You might have 95s and might be up against AK. The flop comes down 5 J Q. Sure you’re now ahead, but really how much can you afford to bet at this point? Can you even call a standard Cbet with bottom pair out of position? What if you lead into the pot? Then what are you going to do when he smooth calls? Do you fire again on the turn? This could get very costly by playing the low pair and not knowing what he has?
What about if you have 33 pre flop? With a board full of over cards,it’s still tough to bet even though statistically your opponent will have missed as well?
So yes, you had correct odds pre flop, if you could get to showdown for something approximating that pre flop investment. However, in big stack scenarios you really shouldn’t. You still have 3 betting rounds before you get to fifth street.
But that leads to the second problem. You are out of position and that’s not good poker tournament strategy. What this also means is that when you do actually hit the flop, the pots will be smaller. It also means when you don’t make a big hand, you will lose more than your fair share because the player in position will bet you off marginal hands with a worse hand himself.
If you think about it, in deep stack play, you shouldn’t be concerned with pot odds too much. Implied odds is what you need to be looking at here.. i.e. what is the size of my chip stack and my opponents chip stack. If we are talking about five percent or less of my stack, I am calling with a LOT of cards. If they have AA, and I have 53s, all the better. If they have AA, and I want to be playing my little cards. But if the raise is getting up to around 10% of my stack, then I fold all the weired stuff, except PPs. Still, I am only concerend about the size of the bet compared to my effective tournament stack.
My cards may be 56s and be up against big slick. I have to be rather much httin a huge draw or two pair though, otherwise you will be faced with giving up the hand after the flop out of position. Once in a while you might just want to check here if you hit a low pair, especially if you can put your opponent on a hand.
Even in Every Hand Revealed, Gus Hansen regrets a lot of his calls from players who raise early position. The reason is that he keeps getting faced with all these tough post flop decisions. Now he has physical tells to work with, and, as mentioned, he is Gus Hansen. We don’t have physical tells and we are not Gus. Importantly also, our opponents are not Gus’ opponents. Whether you are up against people who are capable of folding strong hands or whether they just can’t surrender TPGK is an important distinction.
If the pre-flop bet isn’t going to hurt you much, then look to the potential stacking off your opponent. Hey, you may play the hand anyway, but look at it from an implied stand point, not just pot odds. You have to know how to calculate poker odds when getting into hands like this becuase it may very well determine your long term success in tournaments. Just knowing Poker rules are not enough to win, you need strategy too.
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